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Flat 1, 17 Church Street, Paignton, Devon

Lot 210
Sold Prior

Auction Date: Thursday 23rd February 2017

Auction Venue: Sandy Park Stadium, Sandy Park Way, Exeter, EX2 7NN


Flat 1, 17 Church Street, Paignton, Devon

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Property Description

* Investment Opportunity. * Currently let on an AST, current rental income £500 pcm/£6,000 pae. * One bedroom, first and second floor maisonette. * Parking space to the front. * Close to town. A tenanted, one bedroom maisonette with shared entrance and parking. The accommodation offers open plan living/kitchen room, bedroom and bathroom. The property is let on Assured Shorthold Tenancy Agreement rental income £500pcm/£6,000pae.


Location

Paignton is in the heart of the English Riviera and located between Torquay and Teignmouth. Local amenities include a water park, several sandy beaches, and cinema complex and many other amenities and shops.

Ground Floor

Communal entrance hall, stairs to:

First Floor

Door to lounge/kitchen area.

Second Floor

Bedroom and bathroom.

Outside

Parking space.

Tenure

Leasehold

EPC

Rating D

* Guide Price

An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyers Fee

A successful purchaser will also be required to pay a Buyer's Administration charge of £750+VAT (£900 including VAT @ 20%) (unless stated otherwise within the property description in the catalogue) by cheque made payable to Countrywide.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).

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